The New York Yankees have been hit with the luxury tax
threshold for the 14th straight season, and as an FYI the luxury tax
penalties have been in existence for 14 straight years now, in 2016 along with
five other teams. That’s a record for Major League Baseball.
The Los Angeles Dodgers paid $31. 8 million in luxury tax
penalties while the New York Yankees paid the second highest at $27.4 million.
The Boston Red Sox paid $4.5 million, the Detroit Tigers paid $4 million, the
San Francisco Giants paid $3.4 million and the Chicago Cubs earned their first
World Series since 1908 at the expense of $2.96 million.
The Yankees have paid a total of $325 million since the
luxury tax began.
Even for the Yankees $325 million is a lot of money going to other teams that use it to beat us with. $27.4 million is enough to buy a good pitcher...hay, what?
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